Lifestyle
US: Wall Street opens higher after Nvidia results, economic data
WALL Street’s main indices opened higher on Thursday (Aug 29) following AI chip firm Nvidia’s largely in-line forecast and as data showed the US economy remained robust, adding to...
IHH Healthcare Q2 net profit more than doubles to RM623 million
PRIVATE healthcare group IHH Healthcare posted a net profit of RM623 million (S$188 million) for the second quarter of its 2024 fiscal year ended Jun 30. Net profit more...
Singapore shares gain on Thursday; STI up 0.4%
This comes after chipmaker Nvidia posts Q2 revenue of US$30 billion, beating estimates, though pace of growth is slowerSINGAPORE equities gained on Thursday (Aug 29), as investors assessed chip...
🦁 Is investing in the Straits Times Index alone enough?
🐌 Sluggish performanceThe first investment I made back in 2015 when I was in national service was in a fund that tracked the Straits Times Index (STI).I had read...
HSBC’s wealth head to exit bank after missing out on CEO job
HSBC Holdings’s wealth unit head Nuno Matos is leaving the bank weeks after missing out on the chief executive officer’s role. The head of the London-listed lender’s wealth and personal...
HSBC wealth CEO Matos steps down as bank unveils major executive shake-up
HSBC’S CEO of Wealth and Personal Banking, Nuno Matos, is resigning to pursue other opportunities, the Asia-focused bank said on Thursday (Aug 29) as it unveiled a significant shake-up...
EU new car sales flat in July as battery-electric slumps: industry body ACEA
NEW car sales in the European Union rose 0.2 per cent in July, slowed by declines in France and Germany, while battery-electric vehicles continued to lose market share, data...
Asia: Tech weighs down markets after Nvidia results
A SELL-OFF in tech firms dragged Asian markets down on Thursday after investors were left disappointed by earnings from chip titan Nvidia that stoked concerns about the outlook for...